Despite Fast-paced Momentum, GrowGeneration (GRWG) Is Still a Bargain Stock

Core Viewpoint - Momentum investing focuses on "buying high and selling higher," contrasting with traditional strategies of "buying low and selling high" [1] Group 1: Momentum Investing Strategy - Momentum investing can be risky as stocks may lose momentum when their valuations exceed future growth potential [1] - A safer approach involves investing in bargain stocks that exhibit recent price momentum [2] Group 2: Stock Analysis - GrowGeneration (GRWG) - GrowGeneration (GRWG) has shown a four-week price change of 12.7%, indicating strong investor interest [3] - Over the past 12 weeks, GRWG's stock price has increased by 74.5%, demonstrating sustained momentum [4] - GRWG has a beta of 3.08, suggesting it moves 208% higher than the market in either direction [4] - The stock has a Momentum Score of B, indicating a favorable entry point for investors [5] - GRWG holds a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which attract more investors [6] - The stock is currently trading at a Price-to-Sales ratio of 0.65, indicating it is undervalued [6] Group 3: Additional Investment Opportunities - Besides GRWG, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen [7] - Investors can explore over 45 Zacks Premium Screens tailored to identify winning stock picks [8]